Condominium at 5041 ROYAL PALMS WAY #302, NEW PORT RICHEY
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$224,000

5041 ROYAL PALMS WAY #302
NEW PORT RICHEY, FL 34652
Listed by Stephen Luikart
Bedrooms
2
Bathrooms
2
Living area
1,060 sqft
Year built
2015

About this home

Enjoy the best of Florida living in this beautifully appointed 2-bedroom, 2-bath condo in Regency Palms, just minutes from Downtown New Port Richey and the Gulf! This spacious 1,060-square-foot home features an open, split-bedroom floor plan with soaring ceilings and a bright living area that flows seamlessly into the kitchen and dining space. The kitchen offers 42-inch cabinetry, granite countertops, stainless steel appliances, a breakfast bar and pantry. Step outside onto your private balcony overlooking the peaceful wooded surroundings—the perfect spot for morning coffee or an evening drink. The primary suite features a generous walk-in closet and private bath with granite and a travertine shower, while the guest bedroom and full bath provide plenty of privacy for visitors. A one-car attached garage plus additional bonus/storage space offers flexibility rarely found in condo living. Regency Palms residents enjoy community amenities including a pool and spa, dog park, grilling area and more. For an additional annual membership fee of approximately $200, owners may also enjoy access to the private Gulf Harbors Beach Club, where sunsets on the Gulf can become part of your everyday Florida lifestyle. And when you're ready for dinner or a night out, Downtown New Port Richey's restaurants, breweries and local favorites like SteamWorks Pub are just minutes away. Low-maintenance living, private beach access and a thriving downtown—all waiting for you!

Property details

MLS #
MFRW7888629
Property type
Condominium
Subdivision
REGENCY PALMS CONDOS
Status
Active
Days on market
32
On market date
August 14, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
0.03 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
RICHEY ELEMENTARY SCHOOL
0.92 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
592
Student:teacher ratio
12.1:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
1.48 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
926
Student:teacher ratio
16.5:1
District
PASCO
High
GULF HIGH SCHOOL
1.45 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,468
Student:teacher ratio
17.7:1
District
PASCO

Walkability

Blended score for NEW PORT RICHEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
43 / 100
Restaurants & cafes5
Grocery stores0
Parks3
Schools1
Transit stops5
Pharmacies0

Market position

How this listing compares to current activity in NEW PORT RICHEY, from live MLS data.

On the market 32 days -- 77 fewer days than NEW PORT RICHEY's current average of 109 days.
For reference, the median list price across 1,518 active listings in NEW PORT RICHEY right now is $229,900.

Mortgage calculator

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Est. monthly payment
$1,499/mo
$44,800 down
$179,200 loan
Principal & interest$1,162
Property tax (est.)$187
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 20 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.